Forecasting Failure -­ 9 of 10 Failed Firms Losing Share to Competitors

"If I knew then"…Potent, but less-than-popular metrics pointed to trouble years long before the major law firm implosions of the past decade. Top performers track these leading indicators for themselves and competitors. They gauge where they stand – and know exactly when competitors become vulnerable. They use this insight to pounce; snagging the best partners and clients – before the world starts to end. Fully 9 out of l0 major law firm failures over the past 10 years shared similar financial profiles prior to their downfall…
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Ready. Set. Grab.

All eyes are on center court. Two confident players jockey for the exact foot position each believes gives them the edge. The referee's whistle sounds. The players are locked in a near-wrestling match; battling fiercely to gain control of the ball - and the court. Only one gains possession. Every new matter is a jump ball for a law firm. With corporate legal spending flattened, every ball counts. The number of jumps is limited. If you don't get the matter, another law firm does - at your expense.
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